Wells Fargo & Company Cuts SoFi Technologies (NASDAQ:SOFI) Price Target to $18.00

SoFi Technologies (NASDAQ:SOFI) had its price objective lowered by stock analysts at Wells Fargo & Company from $19.00 to $18.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The firm presently has an “equal weight” rating on the stock. Wells Fargo & Company‘s target price suggests a potential upside of 12.44% from the company’s previous close.

A number of other equities analysts have also recently issued reports on SOFI. Keefe, Bruyette & Woods decreased their price objective on shares of SoFi Technologies from $20.00 to $17.00 and set an “underperform” rating on the stock in a research report on Thursday. Bank of America began coverage on SoFi Technologies in a research note on Tuesday, January 6th. They issued an “underperform” rating and a $20.50 target price on the stock. Weiss Ratings restated a “hold (c)” rating on shares of SoFi Technologies in a report on Thursday, January 22nd. Truist Financial lowered their price target on SoFi Technologies from $28.00 to $21.00 and set a “hold” rating for the company in a research report on Wednesday, February 18th. Finally, UBS Group set a $24.50 price objective on SoFi Technologies in a report on Monday, February 2nd. Seven analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $25.09.

SoFi Technologies Trading Down 2.9%

Shares of NASDAQ:SOFI traded down $0.48 during trading on Thursday, reaching $16.01. 6,955,973 shares of the company traded hands, compared to its average volume of 62,521,918. The company has a current ratio of 0.78, a quick ratio of 0.18 and a debt-to-equity ratio of 0.17. SoFi Technologies has a 52-week low of $10.07 and a 52-week high of $32.73. The firm has a market capitalization of $20.42 billion, a price-to-earnings ratio of 42.27 and a beta of 2.24. The business’s fifty day moving average is $18.48 and its 200-day moving average is $24.41.

SoFi Technologies (NASDAQ:SOFI) last issued its earnings results on Friday, January 30th. The company reported $0.13 EPS for the quarter, topping the consensus estimate of $0.12 by $0.01. The company had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $984.75 million. SoFi Technologies had a net margin of 13.34% and a return on equity of 5.88%. The firm’s revenue for the quarter was up 39.6% on a year-over-year basis. During the same period in the previous year, the firm earned $0.05 earnings per share. SoFi Technologies has set its Q1 2026 guidance at 0.120- EPS and its FY 2026 guidance at 0.600- EPS. As a group, analysts forecast that SoFi Technologies will post 0.26 EPS for the current year.

Insider Buying and Selling

In other SoFi Technologies news, CTO Jeremy Rishel sold 94,958 shares of the company’s stock in a transaction that occurred on Wednesday, March 18th. The stock was sold at an average price of $17.43, for a total transaction of $1,655,117.94. Following the transaction, the chief technology officer owned 839,640 shares in the company, valued at approximately $14,634,925.20. This represents a 10.16% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, General Counsel Robert S. Lavet bought 5,000 shares of the firm’s stock in a transaction dated Friday, February 6th. The stock was purchased at an average cost of $21.04 per share, with a total value of $105,200.00. Following the transaction, the general counsel directly owned 17,172 shares in the company, valued at approximately $361,298.88. This represents a 41.08% increase in their position. The SEC filing for this purchase provides additional information. Over the last quarter, insiders purchased 38,900 shares of company stock valued at $705,398 and sold 218,148 shares valued at $4,161,735. Corporate insiders own 2.60% of the company’s stock.

Institutional Investors Weigh In On SoFi Technologies

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Norges Bank purchased a new position in SoFi Technologies during the fourth quarter valued at $321,515,000. Vanguard Group Inc. grew its position in shares of SoFi Technologies by 6.8% in the 3rd quarter. Vanguard Group Inc. now owns 107,102,212 shares of the company’s stock worth $2,829,640,000 after buying an additional 6,814,727 shares during the period. State Street Corp increased its stake in shares of SoFi Technologies by 30.7% in the 3rd quarter. State Street Corp now owns 24,300,498 shares of the company’s stock worth $642,019,000 after acquiring an additional 5,708,053 shares in the last quarter. Marshall Wace LLP lifted its position in SoFi Technologies by 372.9% during the 4th quarter. Marshall Wace LLP now owns 6,650,744 shares of the company’s stock valued at $174,116,000 after acquiring an additional 5,244,291 shares during the period. Finally, Morgan Stanley boosted its stake in SoFi Technologies by 33.6% during the fourth quarter. Morgan Stanley now owns 13,323,366 shares of the company’s stock worth $348,806,000 after acquiring an additional 3,350,258 shares in the last quarter. 38.43% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting SoFi Technologies

Here are the key news stories impacting SoFi Technologies this week:

• Positive Sentiment: Strong quarterly fundamentals — SoFi reported ~ $1.01B in revenue (+37% YoY) with fee-based revenue rising ~50% and FICO scores in the mid-740s, underscoring a shift to capital-light, recurring revenue that supports longer-term profitability. SoFi’s Reset Is Testing More Than Valuation
• Positive Sentiment: Reputation boost — SoFi was named atop Forbes’ Best Banks list in the U.S., a PR win that can help member growth and brand trust. Not JPMorgan, Not Bank of America — SoFi Tops Forbes Best Banks List
• Neutral Sentiment: Market reaction context — Coverage noting the stock “gained but lagged” today and commentary asking whether the YTD pullback creates a buying opportunity reflect mixed sentiment among traders and longer-term investors. Here’s Why SoFi Gained But Lagged
• Neutral Sentiment: Analyst views vary — Some outlets and analysts are revisiting valuation and positioning after the pullback; coverage is prompting reassessment rather than a clear consensus. Is It Time To Reassess SoFi?
• Negative Sentiment: Keefe, Bruyette & Woods cut its price target to $17 and moved to an “underperform” rating, increasing near-term selling pressure. Benzinga
• Negative Sentiment: Barclays trimmed its price target to $18, another analyst downgrade that narrows upside vs. current levels. Barclays Lowers Price Target
• Negative Sentiment: Momentum and macro headlines have driven a recent sell-off (including a ~10.6% drop in March), amplifying volatility and making the stock sensitive to downgrades and risk-off flows. Why SOFI Fell 10.6% Last Month
• Negative Sentiment: Longer-term drawdowns (large YTD decline and past-year volatility) remain a risk for sentiment-driven trading and can amplify downside on further negative news. SOFI Stock Down 41% in 2025

About SoFi Technologies

SoFi Technologies, Inc (NASDAQ: SOFI) is a diversified financial services company that provides consumer-focused lending, banking, investing and financial technology products. The company’s core offerings include student loan refinancing and private student loans, personal loans, mortgage lending, and credit card products. In addition to credit and lending, SoFi operates consumer-facing deposit and cash management accounts, an investing and trading platform, and an insurance marketplace through partner relationships, all designed to serve individuals seeking an integrated digital financial experience.

SoFi has grown beyond direct-to-consumer lending by building technology and infrastructure capabilities.